№ files_lp_4_process_3_061227
Bank regulatory certification form detailing institutional information, collateral loan categories, documentation standards, and internal review procedures required for depository institutions participating in the Federal Reserve Bank of Richmond Borrower-in-Custody collateral program.
Institution: Federal Reserve Bank of Richmond
Document Title: Borrower-in-Custody (BIC) of Collateral Certification
Document Type: Certification Form
Program: Borrower-in-Custody (BIC) Collateral Program
Sector: Banking and Financial Regulation
Subject: Collateral Pledging and Loan Documentation
Participating Entity Type: Depository Institution Participants
Collateral Categories: Agricultural Loans, Commercial Loans, Commercial Real Estate Loans, Construction Loans, Residential Mortgages, Consumer Loans, Credit Card Receivables, Student Loans, Municipal Obligations, Raw Land Loans, Manufactured or Mobile Home Loans
Key Information Required: Institution Identification, Contact Details, Loan Types Pledged, Promissory Note Documentation Form, Participation and Syndication Loan Details, Internal Risk Rating System, Audit Review Information
Documentation Requirements: Wet-ink Signed Original Promissory Notes and Loan Documentation
Compliance Area: Collateral Eligibility and Documentation Standards
Related Institutions: Federal Home Loan Banks, Corporate Credit Unions
Review Requirement: Internal Audit Review of BIC Program Participation
Price: 8 / 10 USD
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